Experian plc (LON:EXPN) Given Consensus Rating of “Buy” by Brokerages

Experian plc (LON:EXPN) has been assigned a consensus recommendation of “Buy” from the six analysts that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 4,087.33.

Several equities analysts recently weighed in on EXPN shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 4,600 price target on shares of Experian in a report on Thursday, May 21st. UBS Group restated a “buy” rating and set a GBX 3,700 price objective on shares of Experian in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Experian from GBX 4,550 to GBX 4,000 and set a “buy” rating on the stock in a report on Thursday, May 21st. Citigroup lowered shares of Experian to a “buy” rating in a research note on Monday, July 20th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 4,000 target price on shares of Experian in a research report on Friday, July 17th.

Insider Transactions at Experian

In other news, insider Lloyd Pitchford sold 39,462 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of GBX 2,621, for a total value of £1,034,299.02. Also, insider Brian Cassin sold 63,864 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of GBX 2,624, for a total value of £1,675,791.36. Company insiders own 0.64% of the company’s stock.

Experian Trading Down 1.3%

Shares of LON:EXPN opened at GBX 3,004 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.85 and a debt-to-equity ratio of 100.36. Experian has a 52-week low of GBX 2,203 and a 52-week high of GBX 3,987. The stock has a market cap of £26.55 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 2.48 and a beta of 0.84. The business has a 50-day moving average price of GBX 2,761.30 and a 200-day moving average price of GBX 2,682.55.

Experian announced that its Board of Directors has authorized a stock repurchase program on Wednesday, July 1st that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

About Experian

Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and platforms. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments.
We invest in talented people and new advanced technologies to unlock the power of data and to innovate.